Tri Price To Book Ratio from 2010 to 2024

TY Stock  USD 33.10  0.04  0.12%   
Tri Continental Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 0.67 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
0.87287854
Current Value
0.67
Quarterly Volatility
0.05274068
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tri Continental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tri Continental's main balance sheet or income statement drivers, such as Interest Expense of 398, Selling General Administrative of 392.1 K or Total Revenue of 89.9 M, as well as many indicators such as Price To Sales Ratio of 28.0, Dividend Yield of 0.0 or PTB Ratio of 0.67. Tri financial statements analysis is a perfect complement when working with Tri Continental Valuation or Volatility modules.
  
Check out the analysis of Tri Continental Correlation against competitors.

Latest Tri Continental's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Tri Continental Closed over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Tri Continental's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tri Continental's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Very volatile
   Price To Book Ratio   
       Timeline  

Tri Price To Book Ratio Regression Statistics

Arithmetic Mean0.84
Geometric Mean0.84
Coefficient Of Variation6.28
Mean Deviation0.03
Median0.84
Standard Deviation0.05
Sample Variance0
Range0.2188
R-Value(0.04)
Mean Square Error0
R-Squared0
Significance0.90
Slope(0.0004)
Total Sum of Squares0.04

Tri Price To Book Ratio History

2024 0.67
2019 0.89
2018 0.86
2017 0.87
2013 0.84
2012 0.83
2011 0.82

About Tri Continental Financial Statements

Tri Continental investors use historical fundamental indicators, such as Tri Continental's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tri Continental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 0.87  0.67 

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Additional Tools for Tri Stock Analysis

When running Tri Continental's price analysis, check to measure Tri Continental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tri Continental is operating at the current time. Most of Tri Continental's value examination focuses on studying past and present price action to predict the probability of Tri Continental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri Continental's price. Additionally, you may evaluate how the addition of Tri Continental to your portfolios can decrease your overall portfolio volatility.